PRM 20.0% 0.6¢ prominence energy limited

current cash is not so important.what is important is whether...

  1. 1,723 Posts.
    current cash is not so important.

    what is important is whether they can fund drilling.

    I think they will be able to do this by borrowing against income.

    they should have decent cash flow by the end of year enough to finance, say $4m borrowings.

    Perhaps a more learned person can advise whether this will be enough.



 
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